Stock market today: Wall Street ticks higher as Nvidia, GameStop and others leap

  • 📰 SooToday
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 85%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

NEW YORK (AP) — Most stocks are ticking higher as Wall Street approaches its recently set records. The S&P 500 was up 0.4% in early trading, coming off its sixth winning month in the last seven.

NEW YORK — Most stocks are ticking higher as Wall Street approaches its recently set records. The S&P 500 was up 0.4% in early trading, coming off its sixth winning month in the last seven. The Dow Jones Industrial Average edged up 34 points, and the Nasdaq composite rose 0.7%. Nvidia rose another 4%. GameStop soared 64% in a move reminiscent of its rocket ride that shook Wall Street three years ago.

Boston Beer declined almost 11% before the bell after Japanese beverage giant Suntory reportedly denied that it was in talks to buy the maker of Sam Adams. Media reports that a deal was in the works sent Boston Beer rocketing up 22% on Friday. The Fed's benchmark lending rate is at a two-decade high after the central bank started cranking up rates in March of 2022 to battle the soaring inflation that took hold during the pandemic rebound. Fed officials have left its benchmark rate alone at its last six meetings because inflation has not yet settled at its 2% target. Investors had been hoping for multiple rate cuts this year, but are largely now betting on just one, likely toward the end of the year.

India’s Sensex surged 3.2% to 76,304.58 after the country’s 6-week-long national election came to an end with most exit polls projecting that Prime Minister Narendra Modi will extend his decade in power with a third consecutive term.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 8. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market today: Nasdaq, S&P pop to records as Wall Street waits for Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hikeNvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Nvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hikeNvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom line, while raising its...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Wall Street firms up Nvidia price targets ahead of earningsNvidia (NVDA) reports its fiscal first-quarter earnings results after the closing bell on Wednesday, May 22. The chip giant has powered market rallies in...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »